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Styles State whether the following statements are true or false. If false provide the correct statement. (Use the space provided below to answer this
Styles State whether the following statements are true or false. If false provide the correct statement. (Use the space provided below to answer this question.) 3.2.1 When goods are returned to a supplier because they are faulty, the entry is recorded in the Debtors Allowances journal. 3.2.2 A discount received decreases the price of a good therefore reflected as the price in the Creditors journal. 3.2.3 A credit card purchase goes into a Debtors journal. purchase 3.2.4 Carriage on purchases is recorded in the Trading stock column in the Cash payments journal. 3.2.5 The discount allowed column appears in the Cash receipts journal together with the debtors control column. Sele E Editing FOCUS SHO
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